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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,576 | $101,778-66.0% | $164,975-79.0% | $80,925-57.3% |
| Participation rate | 51.4% | 71.8%-20.4pp | 78.6%-27.2pp | 67.7%-16.2pp |
| Annual return | 14.24% | 16.73%-2.5pp | 70.12%-55.9pp | 35.65%-21.4pp |
| Employer contribution / active EE | $258 | $2,954-91.3% | $4,343-94.1% | $2,756-90.6% |
| Participant deferral / active EE | $1,387 | $4,477-69.0% | $6,033-77.0% | $4,299-67.7% |
| Admin fee / account holder | $248 | $8,221-97.0% | $12,688-98.0% | $6,940-96.4% |